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@IgorBelykh more from that month

Is it too late to buy ether? In August and September, key events in the history of Ethereum and the crypto industry will take place: ETH will fork (a copy of the blockchain) and switch from mining to staking (PoS). • August 4, that is, tomorrow,there will be an upgrade of the "Bellatrix" ether test network, which will reduce energy consumption by 99.9%. • On August 6-12, there will be a full transition of the Goerli test network to PoS. This is the penultimate stage. ETH may react positively to these events as they add to the chances of a successful Ethereum fork. • On August 10, the inflation report for July will be released. The forecast of 8.9% is a decrease in inflation, which the market is predicting. If it is higher, it may negatively affect the markets and ETH as well. • The key date for the ETH fork is September 19, by which date Ether will be pushed on expectations. ☝What can be the conclusion? The next 2 weeks will greatly affect the price of ETH. Especially against the backdrop of problems with Solana, ether looks more fundamental. In case of a successful testnet fork (August 4-12) + a decrease in inflation, it is quite easy to see ETH $2000-$2200+. If inflation is higher, then even a temporary decline in the markets will not greatly affect the trend of ETH. Ethereum began to rise last year just AFTER the fork. The whole movement will start on PoS. ETH/BTC is the foundation. © CryptoGuru

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